Easy Crypto stablecoin is pegged to New Zealand dollar
The stablecoin—NZDD—is eyed to give New Zealand a “digital, programmable currency that can do everything the NZD can do,” according to Easy Crypto.
The stablecoin—NZDD—is eyed to give New Zealand a “digital, programmable currency that can do everything the NZD can do,” according to Easy Crypto.
With the proposed digital currency influencer bill, firms with registration with the country's Financial Markets Authority will be allowed to engage the services of influencers for marketing.
France backpedals with its proposed ban on restricting influencers from promoting digital asset products, with plans to work with the European Banking Authority and ESMA in revising the draft bill.
As Europe prepares for the MiCA enforcement, France is working toward ensuring PSANs' compliance by proposing sweeping changes to the country's regulatory framework.
FMA said Bay Exchange provides services not compliant with the financial markets legislation, while Krypto Security is posing as an entity to help residents recover stolen assets.
Marie-Anne Barbat-Layani serves as the Secretary-General at the Finance Ministry, and the new appointment will make her the first female to head the AMF.
The Financial Markets Authority stated that it saw a record in whistle-blower reports of potential fraud in 2020, with digital currencies as the main focus.
The New Zealand Financial Markets Authority singled out BTC as a highly volatile, risky asset, warning individuals they may lose the full value of their investment in a market reversal.
The Liechtenstein Financial Market Authority has rejected Binance’s application to become a shareholder of Union Bank.
The Financial Market Authority flagged PremiumBorsa, Pennyworth Investments, GCG 24 and ANB Bank as unlicensed operators.
Scammers have been keen to target the Pacific communities in New Zealand, according to the Financial Markets Authority.
The Financial Markets Authority is reportedly planning to launch an experimental framework for crypto regulation this month.